HEFAvsEFAXETF Comparison
VS
ETF 2
EFAX
State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
This fund is part of
DM Large & Mid Cap
+0.48%
iShares Currency Hedged MSCI EAFE ETF (HEFA) and State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) belong to the same industry segment: DM Large & Mid Cap. Both ETFs have the same top 3 sector exposures: Finance, Industrials and Technology. HEFA is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.2% for EFAX. HEFA is up 14.27% year-to-date (YTD) with -$48M in YTD flows. EFAX performs worse with 10.53% YTD performance, and -$5M in YTD flows. Run a side-by-side ETF comparison of HEFA and EFAX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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HEFA vs EFAX performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HEFA EFAX | -2.19%-1.92% | +2.96%+5.28% | +14.27%+10.53% | +22.06%+16.11% | +67.66%+63.88% | +85.98%+46.61% |
| Flows | HEFA EFAX | -$115M- | +$188M-$5M | -$48M-$5M | -$290M+$54M | +$1.41B+$130M | +$2.42B+$152M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HEFA EFAX | +10.72%+12.22% | +13.13%+14.46% | +13.58%+14.50% | +13.99%+15.54% |
| Max drawdown | HEFA EFAX | -3.79%-2.70% | -9.45%-11.82% | -14.34%-14.22% | -14.65%-31.07% |
| Max drawdown duration | HEFA EFAX | 29d26d | 84d103d | 65d53d | 381d903d |
Trading data
HEFA | EFAX | |
Last sale 9/14/2026 at 1:30 PM | $46.38 | $54.56 |
| Previous close 09/11/2026 | $46.55 | $54.97 |
| Consolidated volume 09/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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HEFA | EFAX | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/14/2026 at 1:30 PM
Live
Closed
HEFA | EFAX | |
|---|---|---|
| Last price | $46.38 | $54.56 |
| 1D performance | -0.37% | -0.74% |
| AuM | $7.47 B | $505.34 M |
| E/R | 0.7% | 0.2% |
Characteristics
HEFA | EFAX | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | State Street Investment Management |
| Benchmark | MSCI EAFE Index | MSCI EAFE ex Fossil Fuels Index |
| N° of holdings | 666 | 611 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 31, 2014 | October 24, 2016 |
| ESG | No | Yes |
Exposure
Countries
HEFA
Japan
23.1%
United Kingdom
14.14%
Switzerland
10.17%
France
8.97%
Germany
8.89%
Other
34.72%
EFAX
Japan
23.26%
United Kingdom
12.7%
Switzerland
10.5%
Germany
9.33%
France
8.47%
Other
35.74%
Sectors
HEFA
Finance
28.32%
Industrials
16.12%
Technology
12.15%
Healthcare
10.1%
Consumer Non-Cycl.
8.4%
Other
24.91%
EFAX
Finance
28.3%
Industrials
16.54%
Technology
13.18%
Healthcare
10.6%
Consumer Non-Cycl.
8.11%
Other
23.27%
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Diversification
HEFA
Total weight of top 15 holdings out of 15
18.52%
EFAX
Total weight of top 15 holdings out of 15
19.05%
Top 15 holdings
Data as of July 31, 2026
HEFA
ASML Holding NV
2.95%
HSBC Holdings Plc
1.68%
Roche Holding AG
1.41%
Novartis AG
1.32%
Nestlé SA
1.21%
AstraZeneca PLC
1.18%
Shell Plc
1.15%
Siemens AG
1.10%
Mitsubishi UFJ Financial Group, Inc.
1.08%
BHP Group Ltd.
0.97%
Commonwealth Bank of Australia
0.96%
Banco Santander SA
0.93%
Allianz SE
0.87%
SAP SE
0.86%
Toyota Motor Corp.
0.85%
EFAX
ASML Holding NV
3.15%
HSBC Holdings Plc
1.79%
Roche Holding AG
1.51%
Novartis AG
1.41%
Nestlé SA
1.27%
AstraZeneca PLC
1.26%
Siemens AG
1.19%
Mitsubishi UFJ Financial Group, Inc.
1.18%
Commonwealth Bank of Australia
1.02%
SAP SE
0.93%
Allianz SE
0.93%
Schneider Electric SE
0.90%
Toyota Motor Corp.
0.90%
UBS Group AG
0.82%
Rolls-Royce Holdings Plc
0.81%
Frequently asked questions about HEFA and EFAX
How have the HEFA and EFAX ETFs performed in 2026?
As of September 11, 2026, HEFA is up 14.27% year-to-date (YTD), while EFAX has returned 10.53%. That puts HEFA better performer ahead so far this year.
Which ETF is attracting more investor money: HEFA or EFAX?
Year-to-date, the HEFA ETF saw -$48M in flows, compared to -$5M for EFAX.
Which ETF is more volatile: HEFA or EFAX?
Over the past year, HEFA had a volatility of 13.13%, while EFAX experienced 14.46%.
Which ETF is bigger: HEFA or EFAX?
As of September 11, 2026, HEFA holds $7.47 B in assets under management (AUM), while EFAX manages $505.34 M.
What sectors do the HEFA and EFAX ETFs invest in?
HEFA leans toward sectors like Finance, Industrials and Technology. Meanwhile, EFAX focuses on Finance, Industrials and Technology.
What are the top holdings of the HEFA ETF and EFAX ETF?
HEFA top holdings include ASML Holding NV, HSBC Holdings Plc and Roche Holding AG. EFAX holds in its top three: ASML Holding NV, HSBC Holdings Plc and Roche Holding AG.
Which ETF is more diversified: HEFA or EFAX?
HEFA holds 674 securities with 18.52% of its assets in the top 15. EFAX has 622 securities and a top 15 weight of 19.05%.
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